SBI Term Loan: RLLR: 8.15 | 7.25% - 8.45%
Canara Bank: RLLR: 8 | 7.15% - 10%
ICICI Bank: RLLR: -- | 8.5% - 9.65%
Punjab & Sind Bank: RLLR: 7.3 | 7.3% - 10.7%
Bank of Baroda: RLLR: 7.9 | 7.2% - 8.95%
Federal Bank: RLLR: -- | 8.75% - 10%
IndusInd Bank: RLLR: -- | 7.5% - 9.75%
Bank of Maharashtra: RLLR: 8.05 | 7.1% - 9.15%
Yes Bank: RLLR: -- | 7.4% - 10.54%
Karur Vysya Bank: RLLR: 8.8 | 8.5% - 10.65%

Asset class : Infrastructure

NHAI clears NHIT bid to monetise 310 km of highway assets across two states

23 Feb 2026

The National Highways Authority of India has approved an INR 6,220.90 crore bid from the National Highways Infra Trust to monetise operational highway assets spanning over 310 km in Maharashtra and Andhra Pradesh. The transaction covers two toll road stretches on NH-53 and NH-16 and is part of NHAI's ongoing asset monetisation programme. With this deal, the cumulative value of highway assets transferred to NHIT has risen sharply, supporting NHAI's plan to recycle capital and fund new national highway projects.Read more

cover photo

Highway Infrastructure wins INR 154.6 crore NHAI toll operations contract on Vadodara–Mumbai Expressway

23 Feb 2026

Highway Infrastructure Ltd has secured a toll operations and maintenance contract valued at INR 154.6 crore from the National Highways Authority of India for a key stretch of the Vadodara-Mumbai Expressway. The short-term assignment covers toll collection and upkeep of facilities at three toll plazas in Gujarat, with a daily remittance obligation of INR 1.71 crore over a 90-day period. The order adds to the company's growing portfolio of NHAI toll operations contracts and strengthens its presence in highway asset management services.Read more

cover photo

Timely delivery key for developers amid rising Dubai construction costs

22 Feb 2026

A residential project in Business Bay has underscored the importance of timely delivery as construction costs across Dubai continue to climb. Century Tower, a 23-storey development comprising 210 apartments, has completed handovers two months ahead of schedule a notable achievement in a market facing inflationary pressures and supply chain constraints. Developed by AMBS Real Estate Development and marketed by f&m Properties, the project demonstrates how early construction mobilisation and disciplined planning can mitigate rising costs. With material prices forecast to increase further in 2026, industry leaders stress that immediate execution and contractor selection are critical to maintaining profitability and buyer confidence in Dubai's competitive off-plan sector.Read more

cover photo

Sixteen homes to be removed in Indore to clear site for underground metro station

Indore News Desk

22 Feb 2026

Sixteen residential structures in the Piliyakhal area of Indore are scheduled for demolition to make way for an underground metro station near the Bada Ganpati locality, sources reported, as the city's metro project advances toward new construction phases. Although official records recognise 16 houses on the site, residents maintain that about 28 families currently reside there and are demanding housing allocations that reflect that number. The metro authority has deposited INR 1.29 crore with district officials to facilitate relocation of affected families to flats constructed under the Pradhan Mantri Awas Yojana at the Tapti Complex in Rangwasa, but concerns about commuting, educational disruption for children and employment access have been raised. Local negotiations with authorities are ongoing as the relocation and demolition plan progresses alongside broader infrastructure works tied to the city's rapid transit expansion.Read more

cover photo

Vizag MP seeks central support for structured redevelopment of RK Beach

Visakhapatnam News Desk

22 Feb 2026

Visakhapatnam MP M. Sribharat has sought central government support for a large-scale and planned redevelopment of Ramakrishna Beach, citing long-pending infrastructure and safety concerns. In his representation to the Union Tourism and Culture Ministry, he flagged traffic congestion, limited pedestrian access, weak drainage and damage to existing coastal structures. The proposal calls for a unified master plan covering public amenities, mobility, shoreline protection and parking. The Centre has acknowledged the submission and is expected to examine the proposal further.Read more

cover photo

Jodhpur railway division strengthens station security with 447 CCTV installations

22 Feb 2026

The Jodhpur Division of North Western Railway has expanded its surveillance network by installing 447 CCTV cameras across eight railway stations to improve passenger safety and station monitoring. The largest deployment has taken place at Jaisalmer station, which recently underwent redevelopment under the Amrit Station Scheme at a cost of around INR 140 crore. Cameras have been installed across platforms, entry and exit points, waiting areas and other sensitive locations to support real-time monitoring, improve response to incidents and strengthen overall station management.Read more

cover photo

Telangana moves ahead with proposal for Mellacheruvu–Hyderabad rail link

22 Feb 2026

The Telangana government is working on a proposal to develop a direct railway link between Mellacheruvu in Suryapet district and Hyderabad to improve regional connectivity. The project is expected to support industrial activity, ease passenger movement, and improve access for devotees visiting the Sri Ishta Kameswari Sametha Swayambhu Shambulingeshwara Swamy temple. The plan includes a double railway line with passenger services. State authorities are coordinating with the Centre to take the proposal forward, while the government has also allocated INR 1 crore for temple-related facilities.Read more

cover photo

North Western Railway withdraws Jaipur–Agra and Jaipur–Udaipur Vande Bharat services amid low demand

22 Feb 2026

North Western Railway has withdrawn two Vande Bharat Express services operating on the Udaipur-Jaipur and Udaipur-Agra routes after persistent low passenger occupancy. The decision follows an internal review that found the premium trains were not generating adequate ridership, particularly on weekdays, despite faster travel times. Higher ticket prices compared with conventional trains were cited as a key factor affecting demand. The withdrawn trainsets will now be redeployed on the upcoming Udaipur City-Asarwa Vande Bharat route to better align capacity with travel demand.Read more

cover photo

Highway projects in Uttarakhand led to felling of over 83,000 trees in five years

22 Feb 2026

Data obtained through a Right to Information application has shown that more than 83,000 trees were felled in Uttarakhand over the past five years for highway construction works. Most of the tree loss occurred on major national highway stretches executed by the National Highways Authority of India. While authorities have stated that compensatory plantations were carried out, detailed project-wise plantation data was not available in several cases. The disclosures have renewed focus on how environmental safeguards are implemented during large infrastructure projects in ecologically sensitive regions.Read more

cover photo

Residents in Bhubaneswar demand action against developer for road and area encroachment

22 Feb 2026

Residents of Bhubaneswar's GGP Colony have raised complaints that a developer is encroaching on a common road and parts of the residential complex for a new construction project. Heavy vehicles and unauthorised commercial use of common areas have reduced parking and disrupted daily life. Despite inspection reports and favourable orders from ORERA and an ODA court, residents say authorities have not acted on the ground. Their letters to the state housing department were forwarded to civic agencies, but enforcement remains slow, highlighting the need for stricter monitoring of encroachments in the city.Read more

cover photo

Jammu & Kashmir to simplify municipal building NOC process

22 Feb 2026

The Jammu & Kashmir government is taking steps to simplify the process for obtaining no objection certificates (NOCs) for building approvals within municipal areas. The Social Welfare Minister informed the Assembly that under the J-K Unified Building Bylaws 2021, multiple department clearances are currently required, causing delays. The Town Planning Organisation in Kashmir, with only three town planners for 40 local bodies, is being reorganised to establish a district cadre and support master plan implementation. Authorities will ensure NOCs are issued in a time-bound manner while considering legislative suggestions to reduce delays.Read more

cover photo

NMMC demolishes illegal commercial shed in Turbhe sector 19C

22 Feb 2026

Navi Mumbai Municipal Corporation (NMMC) has intensified its action against unauthorised constructions by demolishing an illegal commercial shed in the Turbhe division. The operation was conducted under the directives of Municipal Commissioner Dr Kailas Shinde and supervised by senior civic officials from the Encroachment Department. The structure, erected at Unit No. 3, Plot No. 6, Sector 19C, Turbhe, was reportedly being used for commercial purposes despite the issuance of a statutory notice under the Maharashtra Regional and Town Planning Act, 1966. Following non-compliance, the Corporation carried out a demolition drive with police protection and technical equipment. Officials have stated that similar enforcement actions will continue to ensure planned urban development and compliance with municipal regulations.Read more

cover photo

Runway expansion at Thiruvananthapuram airport stalled by land acquisition and defence approvals

22 Feb 2026

The planned runway expansion at Thiruvananthapuram International Airport continues to face delays due to pending land acquisition and defence clearances. Around 22 acres are required to meet mandatory runway end safety area norms, with a key portion owned by a defence public sector unit. Despite multiple discussions between state authorities and the Union government, approvals are still awaited. The project is further complicated by the need to realign a nearby road and relocate a fire station, pushing the timeline back.Read more

cover photo

How Millennials are reshaping the future of home buying in India

22 Feb 2026

India's housing market is witnessing a generational reset, with Millennials emerging as the dominant force in urban home buying. Once associated with renting and lifestyle flexibility, this cohort is now driving a strong shift toward ownership, particularly in affordable and mid-income segments across Mumbai, Bengaluru and NCR. Post-pandemic priorities, hybrid work models and rising rental costs have accelerated this transition. Millennials and Gen Z together account for over half of home-loan demand in major cities, reshaping how homes are designed, marketed and delivered. Digital-first research, preference for efficient layouts, smart-home technology and sustainability-focused living have become defining purchase criteria. As this demographic is projected to form nearly 60 per cent of new homebuyers by 2030, their evolving preferences are fundamentally redefining India's residential real estate landscape.Read more

cover photo

Centre urges integrated urban planning and wider credit access to meet rising housing demand

22 Feb 2026

The Union government highlighted the urgent need for coordinated urban planning and expanded housing finance to meet growing housing demand in India. Housing and Urban Affairs Minister Manohar Lal stressed collaboration between policymakers, banks, housing finance companies, and the National Housing Bank to ensure accessible and inclusive credit. Innovative solutions like a national housing exchange and transit-oriented development were proposed to connect housing with workplaces and public transport. These initiatives aim to address both the rising urban population and the shortage of affordable housing across cities.Read more

cover photo

Maharashtra unveils draft structure plan for Pune Metropolitan Region to guide long-term growth

Pune News Desk

22 Feb 2026

The Maharashtra government has directed the Pune Metropolitan Region Development Authority (PMRDA) to prepare a draft structure plan for the Pune Metropolitan Region (PMR), aiming to establish a strategic framework for future urbanisation, infrastructure and public utilities. The move follows legislative changes introduced in the Maharashtra Regional and Town Planning (MRTP) Act that replace detailed development plans with broader structure planning at the regional level. The draft will focus on high-level regional mobility corridors, road hierarchies, essential services and identification of environmentally sensitive areas, without delving into plot-specific land use zoning. Officials said the plan is expected to be completed within six months and will form the basis for subsequent detailed planning efforts to accommodate anticipated population growth and spill-over from core cities such as Pune and Pimpri-Chinchwad. Chief Minister Devendra Fadnavis emphasised that the structure plan will underpin coordinated infrastructure and development projects across the metropolitan region.Read more

cover photo

Gurugram authorities intensify demolition of illegal colonies and unauthorised structures

Gurugram News Desk

22 Feb 2026

The Department of Town and Country Planning (DTCP) in Gurugram has recently conducted an enforcement drive to dismantle illegal colonies and unauthorised structures across multiple locations after receiving public complaints. The operation, carried out over several days, saw foundation-level constructions, boundary walls and internal roads removed in areas including Sadhrana, Bohra Kalan, Jamalpur and Sector 89, where work was halted at early stages to discourage further unauthorised development. In addition to clearing encroachments on agricultural and revenue land, an unapproved site office within a licensed residential colony was also demolished. Police personnel supported the enforcement teams to maintain order during the proceedings. Officials stressed that sustained action will continue to curb unplanned expansion and urged prospective buyers to verify project licences before investing, as part of efforts to protect homebuyers and uphold urban planning norms.Read more

cover photo

Bannerghatta Road civic gaps raise concerns ahead of Namma Metro Pink Line opening

21 Feb 2026

The Bangalore Metro Rail Corporation Limited (BMRCL) is preparing to open a 7.5-km elevated stretch of the Namma Metro Pink Line between Kalena Agrahara and Taverekere later this year. While trial runs have begun and seven stations are nearing readiness, poor road conditions, broken footpaths, garbage accumulation and weak pedestrian access along Bannerghatta Road are raising concerns among residents. Commuters fear that without proper last-mile connectivity and basic civic works, the Metro's ability to ease congestion and improve daily travel may remain limited.Read more

cover photo

Missing construction debris from Mumbai redevelopment sites triggers civic crackdown

Mumbai News Desk

21 Feb 2026

A civic scrutiny in Mumbai has revealed that construction debris generated from nearly 2,000 redevelopment projects was not transported to authorised dumping or recycling locations. The findings raised concerns within the Brihanmumbai Municipal Corporation after it emerged that builders repeatedly listed the same limited sites for debris disposal, which could not have handled such volumes. Environmental groups have linked the missing debris to illegal dumping in ecologically sensitive areas. The issue has led to a temporary freeze on approvals for several redevelopment projects across the city.Read more

cover photo

Noida Metro to revise Greater Noida West corridor plan as Phase 1 set to include only four stations

Noida News Desk

21 Feb 2026

The Noida Metro Rail Corporation will redraw the detailed project report for the Greater Noida West metro corridor, reducing Phase 1 to just four stations instead of the 11 originally proposed, local authorities said earlier this week. The decision follows recent approval of the Aqua Line extension from Botanical Garden to Sector 142 by the Union Cabinet, prompting a reassessment of priorities and connectivity strategies. Under the revised plan, the first phase will terminate at Greater Noida Sector 4 (Gaur Chowk) with intermediate stops including Sector 61 (interchange with Delhi Metro), Sector 70 and Sector 123, offering a more focused initial stretch for commuters. The remainder of the corridor may be developed later by NMRC or integrated into future rapid transit projects, and the fresh DPR will be submitted to government bodies for clearances. The adjustment underscores ongoing planning efforts to synchronise metro expansion with broader regional transport networks and commuter demand in Noida and Greater Noida.Read more

cover photo